Can Fin Homes Ltd
NSE:CANFINHOME
Operating Margin
Can Fin Homes Ltd
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| IN |
|
Can Fin Homes Ltd
NSE:CANFINHOME
|
99.2B INR |
28%
|
|
| US |
|
Rocket Companies Inc
NYSE:RKT
|
25B USD |
16%
|
|
| US |
|
Federal National Mortgage Association
OTC:FNMA
|
12.2B USD |
13%
|
|
| US |
|
Mr Cooper Group Inc
NASDAQ:COOP
|
8.2B USD |
37%
|
|
| US |
|
UWM Holdings Corp
NYSE:UWMC
|
6.4B USD |
48%
|
|
| US |
|
MGIC Investment Corp
NYSE:MTG
|
6.2B USD |
84%
|
|
| BM |
|
Essent Group Ltd
NYSE:ESNT
|
5.9B USD |
70%
|
|
| US |
|
Enact Holdings Inc
NASDAQ:ACT
|
5.4B USD |
77%
|
|
| US |
|
PennyMac Financial Services Inc
NYSE:PFSI
|
4.9B USD |
18%
|
|
| US |
|
Radian Group Inc
NYSE:RDN
|
4.7B USD |
69%
|
|
| US |
|
New York Community Bancorp Inc
NYSE:NYCB
|
4.5B USD |
0%
|
Can Fin Homes Ltd
Glance View
In the bustling landscape of India's housing finance sector, Can Fin Homes Ltd. stands as a prominent player with a history dating back to 1987. Founded under the aegis of Canara Bank, one of India’s oldest and largest public sector banks, Can Fin Homes was established with the primary goal of fulfilling the home ownership dreams of individuals, especially in the semi-urban and urban middle-class segments. The company’s business model is centered around providing long-term housing loans to individuals for the purchase, construction, and renovation of homes. It aims to bridge the gap between home buyers and financial accessibility, leveraging its parent bank's extensive network to reach clientele across the nation. This strategic alignment not only bolsters their credibility but also enhances their market penetration, allowing them to tap into the bank's established customer base. A key aspect of Can Fin Homes' operational strategy is its focus on efficiency and risk management. By offering competitive interest rates and tailored loan products, the company makes home financing more accessible and attractive. Earnings for Can Fin Homes are generated from the interest differential—essentially the spread between the interest paid to borrow funds and the interest it charges customers on loans. The company has also embraced technology and digital processes to streamline its operations, thereby reducing costs and enhancing customer service. This approach has helped the firm maintain strong asset quality and a healthy profit margin. As the housing demand in India continues to rise, driven by urbanization and government initiatives promoting affordable housing, Can Fin Homes is strategically positioned to capitalize on these trends, navigating growth with a focus on fiscal prudence and customer-centricity.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Can Fin Homes Ltd's most recent financial statements, the company has Operating Margin of 27.8%.
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